2108 BROADWAY ST Active Save Request In-Person Tour Request Virtual Tour
New Orleans,LA 70118
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,659 sqft
Price per Sqft $223
MLS Listing ID 2477552
Style Tudor
Bedrooms 11
Full Baths 9
Year Built 1920
Property Sub-Type Apartment
Property Description
2108 Broadway Street presents a unique investment opportunity in the highly sought-after University neighborhood of New Orleans. This well-maintained multi-family property is ideally situated within walking distance of Tulane and Loyola Universities, as well as the historic St. Charles Avenue. Boasting a strong tenant demand, the property offers a stable cash flow with potential for rent growth. The classic style building has features including updated kitchens, bathrooms, and HVAC systems while preserving its historic charm. Select units feature hardwood floors, high ceilings, and private balconies, appealing to both students and young professionals.
The property consists of 9 units generating a robust and stable income stream. It also offers off-street parking and is conveniently located near vibrant retail and dining options. With room for value-add improvements, 2101 Broadway Street is an ideal asset for investors seeking steady returns in a high-demand market.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Off Street
Roof Type Other
Building
Lot Description City Lot,Rectangular Lot
Foundation Slab
Sewer Public Sewer
Water Public
Others
Special Listing Condition None